Work has begun on Kumul Petroleum Holdings Ltd’s US$100 million steel fabrication plant just north-west of Port Moresby. In an exclusive interview, Kumul Petroleum MD Wapu Sonk outlines how the facility will boost PNG manufacturing, and anchor a new Special Economic Zone in the Caution Bay area.
A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.
James Marape, PNG’s Prime Minister, speaks exclusively about PNG’s next decade of economic growth, which he describes as potentially the most exciting in the nation’s history.
Chairman of the Bank of PNG, David Toua, talks exclusively about reforms to the central bank, the foreign exchange situation, interest rates and the phasing out of bank cheques.
Digizen ID, a new digital identification card developed specifically for PNG, could be a “game changer” for the vast majority of citizens who are locked out of financial services due to a lack of formal identification.
GoFood PNG started its food delivery service in 2016 with a single car and a website. After explosive growth during the COVID-19 emergency, it’s now preparing to expand into new markets, including Lae and Mount Hagen.
In this exclusive interview, Credit Corporation’s CEO Danny Robinson updates Business Advantage PNG on its progress towards acquiring a full banking license and outlines what kind of bank it will be.
Why has manufacturing in Papua New Guinea picked up in recent years? Business Advantage PNG speaks with Murray Woo, Chairman of the Manufacturers Council of PNG, to find out, and learn more about the challenges still facing the sector.
Last week’s 2023 Innovation PNG conference showcased some of Papua New Guinea’s best and brightest. It also featured the announcement of some significant new initiatives to stimulate the digitisation of the country’s economy.
The decarbonisation of the global economy is going to create the greatest investment opportunity of our lifetime, according to KPMG’s Global Oil and Gas Lead, Jonathan Parker. But how do companies prepare, and what role does government have in making it happen?